Overapplied overhead is adjusted on the work sheet by debiting Overapplied Overhead and crediting Work in Process Inventory

Manufacturing-sector companies report ________

A) only merchandise inventory B) only finished goods inventory C) direct materials inventory, work-in-process inventory, and finished goods inventory accounts D) direct materials inventory and finished goods inventory accounts only

Which of the following statements about a dominated strategy is false?

a. A dominated strategy will never be selected by a player. b. A dominated strategy exists if another strategy is at least as good regardless of what the opponent does. c. A dominated strategy is superior to a mixed strategy. d. A dominated strategy can be eliminated from the game.